Merger Notification - Announcement according to § 10 Cartel Act

Anchorage Capital Group, L.L.C.; Europcar Mobility Group SA - BWB/Z-5203 | Bundeswettbewerbsbehörde

Anchorage Capital Group, L.L.C.; Europcar Mobility Group SA

BWB/Z-5203

13.01.2021

On 12.01.2021 the Austrian Federal Competition Authority was notified of the following merger:

Planned purchase process

Anchorage Capital Group, L.L.C. (New York City/USA), which is controlled by Ancorage Advisors Management, L.L.C., intends to acquire a non-controlling minority shareholding of more than 25% in Europcar Mobility Group SA (Paris/France). The proposed concentration concerns car rental services. 

Affected industry: Renting and leasing of cars and light motor vehicles. 

Industry sector: N - Erbringung von sonstigen wirtschaftlichen Dienstleistungen

Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 09.02.2021.

Entrepreneurs whose legal or economic interests are affected by the merger can bring in a written statement at the Federal Competition Authority or the Federal Cartel Prosecutor within 14 days from publication date.

Note: The intervening party has no right to a certain treatment of the statement and will not gain a party position.

Non-prohibition of the merger

The Federal Competition Authority and the Federal Cartel Prosecutor have waived their right to apply for examination of the merger by the Cartel Court before the deadline. The standstill obligation (§ 17(1) Cartel Act) ends with effect from 29.01.2021 .

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